Mondi Completes Duino Mill Acquisition
Following the announcement on 16 August 2022, Mondi plc (‘Mondi’) confirms that it has completed the acquisition of the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million.
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative solutions that are sustainable by design. Our business is integrated across the value chain – from managing forests and producing pulp, paper and films, to developing and manufacturing sustainable consumer and industrial packaging solutions using paper where possible, plastic when useful. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate. In 2021, Mondi had revenues of €7.0 billion and underlying EBITDA of €1.2 billion from continuing operations, and employed 21,000 people worldwide. Mondi has a premium listing on the London Stock Exchange (MNDI), where the Group is a FTSE100 constituent, and also has a secondary listing on the JSE Limited (MNP). mondigroup.com
Kerry Cooper – Mondi Group Communication Director – +44 788 145 5806
Source: Mondi plc